News

Frontier Energy has inked its intention to takeover Waroona Energy under a deal to merge their renewable energy ventures in the South West.

The local share market has gained 0.6 per cent following a US labour market report seen to reduce the odds of another rate hike.

A loophole allowing labour hire workers to be paid less than other employees is in the federal government's sights.

Fortescue to front investors over exits, FFI board doubts

The local share market has finished 0.4 per cent lower, snapping its four-day winning streak on profit-taking ahead of an key monthly US jobs report.

Bosses slam ‘radical’ IR

The local share market has finished 0.1 per cent higher, closing out August 1.4 per cent lower after being down as much as 4.3 per cent a week and a half ago.

No overtime for gig workers in IR rules

The local share market has posted its best performance in since July 13, rising 1.2 per cent as cooling inflation reduced the odds of another rate hike.

Australia’s inflation rate slowed to an increase of 4.9 per cent in the 12 months to July as prices continue to soften across the nation.

Miners crash Labor hopes in the west

The local share market has closed 0.7 per cent higher, with Wesfarmers climbing its farthest since February 2022.

Labor aims to ‘protect’ Qantas profit

The local share market finished up 0.6 per cent after a closely watched address by Fed chairman Jerome Powell at a summit of central bankers.

Small, local businesses object to foreign influence in south coast marine park process.

Teal MPs back ‘brave’ GST debate

Concern about what Fed chairman Jerome Powell will say at a forthcoming meeting had the ASX closing down 0.9 per cent for the day and 0.5 per cent for the week.

Treasurer Jim Chalmers says Australia is very exposed to the economic slowdowns taking place in China.

Workers to bear bigger tax burden

The ASX finished up 0.5 per cent, with more strong gains for tech stocks after Nvidia posted a "jaw-dropping" earnings beat.

Big super funds failing retirees

The local share market finished 0.4 per cent higher as traders digested earnings results from Woolworths, Domino's Pizza, Wisetech Global and more.

A recession over the coming year is highly unlikely, according to senior government sources, as the economy withstands global and domestic pressures.

Labor shuns calls for bold tax reform

The Australian share market has finished up 0.1 per cent with the tech sector enjoying a stellar day thanks in part to Altium and Megaport.

US stocks have closed mostly higher as investors await comments from a meeting of central bankers at Jackson Hole later this week.

Australia’s future to be low growth

The ASX200 has closed down 0.46 per cent, dropping to its lowest level since June 8 as reporting season continues.

BCA cleans up industry policy fix

The local bourse finished the day flat to conclude the week down 2.6 per cent, its worst since a 3.9 per cent sell-off for the week ending September 2.

US stocks lost ground on Thursday as economic data suggested US interest rates might stay higher for longer than investors hoped.

$A set to fall to US60¢, jobs market cools